Euro Mixed Ahead Of German GfK Consumer Sentiment Survey

At 3.00 am ET Thursday, Germany’s GfK consumer sentiment survey results are due. The forward-looking index is expected to remain unchanged at 10 in April. Ahead of the data, the euro traded mixed against its major rivals. While the euro advanced against the greenback and the franc, it fell against the pound. Against the yen, Read more about Euro Mixed Ahead Of German GfK Consumer Sentiment Survey[…]






Crude Oil Zig Zags After Inventories Data

Crude oil futures were a bit lower Wednesday, recovering from steep early losses after government data showed gasoline stockpiles continued to fall last week. The Energy Information Administration reported crude oil futures jumped another 4.5 million barrels, but falling gasoline stockpiles signals imminent demand. Gasoline inventories dropped 2.8 million barrels. WTI light sweet crude oil Read more about Crude Oil Zig Zags After Inventories Data[…]






Dollar Falling Against Yen As Investors Turn More Risk Averse

The dollar is little changed against its major European rivals Wednesday afternoon, following yesterday’s slide. However, the buck is weakening in comparison to the Japanese Yen as geopolitical concerns and uncertainty over the implementation of President Trump’s policy agenda has made investors more risk averse. Investors remain concerned about the fate of the Republican plan Read more about Dollar Falling Against Yen As Investors Turn More Risk Averse[…]






Gold Rises A Fifth Day

Gold futures nudged higher Wednesday, touching its best levels in three weeks amid geopolitical tensions and dovish hints from the U.S. Federal Reserve. Violence outside the UK parliament in London renewed concerns about anti-EU sentiment and/or Muslim hostilities around the region. House of Commons is on lockdown and top tourist sites are closed after the Read more about Gold Rises A Fifth Day[…]